Business Specialties
Discovery Labs Plans $500M Philly-Area Coworking Campus
Newly established by MLP Ventures, the platform company will redevelop two campuses in King of Prussia into a 1.6 million-square-foot ecosystem for health-care, life sciences and technology-enabled businesses.
LevelTen Energy Matches Starbucks’ Portfolio PPA
The current deal marks the first time a corporate buyer simultaneously procures a fraction of the power generated by multiple new projects.
Infinity Hotel San Francisco Joins Ascend Collection
The 75-key property in the city’s Marina District is now part of Choice Hotels International’s growing group of boutique and historic hotels and resorts with local flavor.
Bank of America Accelerates Sustainability Efforts
The bank plans to add more than 60 solar installations over the next three years, with 15 financial centers and 10 ATMs to be equipped with panels by year’s end.
CPE’s Top 5 Posts in May
Miss any of our articles? Catch up with five of our most popular posts for the month.
Stos Partners Sells San Diego-Area Assets for $34M
In separate transactions, the company has sold a two-building, 170,805-square-foot industrial property in Chula Vista to KKR and a 50,643-square-foot office property in San Dimas to non-profit JJATC.
Enel Sells 540MW of Renewable Capacity for $743M
The transaction included three renewable energy plants, two solar farms and a wind park acquired by Chinese company CGN Energy International Holdings Co.
Lendlease, SMUD Sign 30-Year PPA
Upon completion in 2020, the Rancho Seco Solar II project is set to become the largest solar facility in Sacramento County, Calif,
Ace Logistics to Expand at Chesapeake Commerce Center
The company will occupy a total of 351,000 square feet at the property owned by Duke Realty Corp., including a new 182,00-square-foot warehouse facility.
JLL Facilitates Sandoval | James’ Relocation to Anderson Tower
The six-story building is located on a 2.3-acre site at 400 E. Anderson Lane, in one of the metro’s opportunity zones.